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also, tos post 73197 for mulpitle alias. tell rb another person said the samething. give them post number 73093.
did you tos post number 73119, 72853, 73312 for vulgarity? posting that porn site. if not, do it.
I will be happy when the bashers eat those false statements and the buyback cuts there shorts. lol
hope this is going to help us
http://biz.yahoo.com/prnews/041008/clf011_1.html
jgbuz
well r/s 10 for1 isn't bad This new class of Common Stock could have an anti-takeover
effect. If the Company's Board of Directors desires to issue
additional shares in the future, such issuance could dilute the
voting power of a person seeking control of the Company, thereby
deterring or rendering more difficult a merger, tender offer, proxy
contest or an extraordinary corporate transaction opposed by the
Company.
stock is a hold now till buyback starts looks good. I was told watch for pps around .0015/.0020 at time for buyback,more to come from affiliate program watch this one.
I'LL POST WHAT I FIND OUT!!!!!!!!IT'S ARE TIME, OT IF THIS WAS A BAD STOCK THE BASHERS WOULD GONE IMO READ THE LAST PR.
SOMEONE CALLED DAVE TODAY LOOKING MUCH BETTER PSV GLTY.
I sure do hope so its been real hard sell this one has taken a lot of faith to hold, won't even go to RB thats just one crazy place as far as RNKE is concerned, but its nice to know I am not the only one here
jgbuz
this will move everything is in place now investors will come back when the buyback is over.
let the buy back begin..........
I've been holding a long time I sure do hope this time we continue to go up
jgbuz
Does any one have new insight or information about RNKE? I have 285K shares and am thinking about getting myself at the 500K mark but this dip we are in is making me think twice :~/
I have been waiting for this myself. Seems to have been slipped under the rug. A dividend is a smart thing to do. In fact, the company should look at doing a quarterly dividend. You know, the company could give a very low dividend and it will still show faith. The most important thing is to develop a dividend on a reaccurring basis.
Did this Press Release tell more than just a Dividend!!
Press Release Source: Roanoke Technology Corp.
Roanoke Technology Corp. is Working on a Plan to Pay a Cash Dividend to Its Shareholders
Wednesday May 5, 9:30 am ET
ROANOKE RAPIDS, N.C.--(BUSINESS WIRE)--May 5, 2004--Roanoke Technology Corp. (OTCBB:RNKE - News) announced that the Board of Directors is considering the payment of a special dividend to shareholders after the proceeds from the $12 million bond are received. Inputs from the company's legal counsel, certifying CPA and other consultants are being sought to formulate an attractive plan, which will reward loyal shareholders in the near future.
Roanoke Tech C.E.O., Mr.. David Smith commented: "It is my view that this dividend payment plan is a move in the right direction for the company as it has achieved profitability which will be definitely enhanced when the funds from the bond sale are realized."
Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Contact:
Roanoke Technology Corp., Rocky Mount, N.C.
Russell Jones, 252-428-0200
Source: Roanoke Technology Corp.
Intraday Volume by price for RNKE
3/4/2004
Max = 0.0073 Min = 0.0069
Mode = 0.0072 Average = 0.0071
Price : 0.0069 Total volume = 005,000 & No. Trades @ price = 1 :: 00%
Price : 0.007 Total volume = 4,670,000 & No. Trades @ price = 29 :: 29%
Price : 0.0071 Total volume = 3,034,850 & No. Trades @ price = 23 :: 19%
Price : 0.0072 Total volume = 6,095,965 & No. Trades @ price = 34 :: 38%
Price : 0.0073 Total volume = 2,391,500 & No. Trades @ price = 13 :: 15%
Total 'Trade' volume for the day = 16,082,315
Total 'Bid' volume = 070,000 :: 'Ask' volume = 045,000
Bid to Ask ratio (bid : ask) 1 : 0.6
The Grand total volume, plus Ask & Bid, for the day = 16,197,315
15:35:40 Ask 0.0071 005,000
15:33:02 Ask 0.0072 005,000
15:33:02 Trade 0.007 700,000
15:28:02 Trade 0.007 050,000
15:28:02 Trade 0.007 140,000
15:28:02 Trade 0.007 100,000
15:27:46 Trade 0.007 300,000
15:27:26 Trade 0.0073 150,000
15:27:20 Trade 0.007 071,000
15:27:04 Ask 0.007 005,000
15:27:04 Trade 0.007 025,000
15:26:06 Bid 0.0069 005,000
15:26:06 Trade 0.007 020,000
15:25:42 Trade 0.007 025,000
15:20:36 Trade 0.007 674,000
15:18:38 Trade 0.007 140,000
15:18:36 Trade 0.0071 140,000
15:18:36 Trade 0.0071 010,000
15:18:36 Trade 0.007 400,000
15:18:36 Trade 0.007 010,000
15:18:36 Trade 0.0071 400,000
15:14:32 Ask 0.0071 005,000
15:14:32 Bid 0.007 025,000
15:14:32 Trade 0.0071 001,000
15:14:32 Trade 0.0072 001,000
15:14:26 Ask 0.0072 005,000
15:14:26 Trade 0.0071 025,000
15:14:24 Trade 0.0072 025,000
15:09:18 Bid 0.007 005,000
15:08:16 Bid 0.0072 025,000
14:50:04 Bid 0.007 005,000
14:50:04 Trade 0.0072 100,000
14:45:34 Trade 0.0073 100,000
14:45:34 Trade 0.0072 100,000
14:35:04 Trade 0.0073 030,000
14:21:38 Trade 0.0073 100,000
14:13:46 Trade 0.0072 002,000
14:05:12 Trade 0.0072 127,000
13:57:14 Trade 0.0072 025,000
13:57:14 Trade 0.0072 080,000
13:55:22 Trade 0.0073 250,000
13:55:14 Trade 0.0072 430,000
13:55:04 Trade 0.0072 005,000
13:39:44 Trade 0.0072 030,000
13:21:18 Trade 0.0073 500,000
13:19:34 Trade 0.0073 100,000
13:18:22 Trade 0.0073 500,000
13:18:18 Trade 0.0072 500,000
13:17:58 Trade 0.0073 100,000
12:41:30 Trade 0.0071 010,000
12:41:30 Trade 0.007 010,000
12:31:00 Trade 0.007 125,000
12:29:32 Trade 0.0071 050,000
12:29:32 Trade 0.007 125,000
12:18:56 Trade 0.0073 050,000
12:05:52 Trade 0.0073 006,500
11:52:46 Ask 0.0073 005,000
11:52:46 Trade 0.0072 250,000
11:47:50 Trade 0.007 060,000
11:39:32 Trade 0.0072 040,000
11:38:58 Trade 0.0072 694,000
11:38:54 Trade 0.0071 259,500
11:38:54 Trade 0.007 700,000
11:29:48 Ask 0.0072 005,000
11:29:48 Trade 0.007 010,000
11:29:48 Trade 0.0071 030,600
11:29:48 Trade 0.0071 700,000
11:29:40 Trade 0.007 730,000
11:29:38 Trade 0.0071 750,000
11:29:18 Trade 0.007 025,000
11:28:04 Trade 0.007 010,000
11:27:20 Trade 0.007 025,000
11:24:42 Trade 0.0071 080,000
11:19:36 Ask 0.0071 005,000
11:18:06 Trade 0.0071 030,500
11:18:06 Trade 0.007 150,000
11:18:06 Trade 0.0071 042,350
11:10:08 Bid 0.007 005,000
11:10:08 Trade 0.0071 050,000
11:09:58 Trade 0.0072 1,000,000
10:50:26 Trade 0.0071 100,000
10:44:38 Trade 0.0072 007,000
10:29:18 Trade 0.0071 100,000
10:04:38 Trade 0.0072 017,615
10:02:46 Trade 0.0072 050,000
10:02:36 Trade 0.0072 1,900,000
10:01:04 Trade 0.0072 082,400
10:01:04 Trade 0.0071 082,400
10:00:38 Trade 0.0072 005,000
09:58:38 Trade 0.0072 008,750
09:50:42 Trade 0.0072 007,000
09:49:40 Trade 0.0072 004,200
09:48:32 Trade 0.0072 400,000
09:45:48 Trade 0.0072 100,000
09:43:26 Ask 0.0072 005,000
09:43:26 Trade 0.0071 078,500
09:30:34 Trade 0.0072 035,000
09:30:30 Trade 0.0072 025,000
09:30:28 Trade 0.0071 080,000
09:30:24 Trade 0.0073 500,000
RNKE -Roanoke Technology Corp. to Withhold 50 Million Shares to Reduce Float for Shareholder Benefit
Business Editors/High-Tech Writers
ROANOKE RAPIDS, N.C.--(BUSINESS WIRE)--Jan. 2, 2004--Roanoke
Technology Corp. (OTCBB:RNKE) announced that the issuance of a block
of 50,000,000 shares of stock, within the active "float" of the
company, has been suspended indefinitely to reduce the amount of
shares in the float; this should make shorting Roanoke Tech stock more
difficult.
This should also benefit loyal shareholders as it is expected to
reduce the "shorting" of shares that, as previously reported, has been
fairly prevalent.
RNKE CEO Mr. David Smith commented "We would like our loyal
shareholders to know that these 50,000,000 and that the company will
continue to be vigilant and take appropriate action to protect
shareholder interest as and when necessary."
CONTACT: Roanoke Technology Corp.
David L. Smith, 252-537-9222
KEYWORD: NORTH CAROLINA
INDUSTRY KEYWORD: SOFTWARE HARDWARE
SOURCE: Roanoke Technology Corp.
JDP,
I don't follow RNKE much anymore, but the recent news tends to indicate some positive moves toward long term success.
John
JIM: what you think RNKE s-8 filing late today will affect the price on Friday? Thank
I agree with you. I am not sure what your entry point was but even if it was above .009, things are not too gloomy. Decreasing the number of outstanding shares should be a positive for shareholders. I am staying optimistic.
There is no shortage of press releases here which is causing the fluctuation in the price that the company seems to be attributing to short selling. Especially since the price rose on the the initial press release that the company wanted shareholders to call in their shares and then the following day with the re-release of the same news, the price fell.
The report for the 4th quarter will be released any day now. According to the OTCBB site, maybe even today. We will see how the stock price reacts to what could be very positive results as the company approaches profitability.
DWD
I've been annoyed so far with my entry point but I think if I hold on for a while it will move!!
I noticed so far that even though the number of shares outstanding is so high that even with the slightest increasein buy pressure the price climbs fast.
If that holds true and they do buy back some shares in the open market then the price of this stock could go up ten fold easy!!!
I'm holding to find out!!!!
Now they are taking it down big time,,,, must have had a big sale order come in,,,,, we will see.... 4 x 1 .0062 x .0063
Bid is up again .0069 x .007 1 x 2
I don't know where it going to stop but it going higher this morning..... 1 x 2 .0063 x .007 right now.....
No one is around I guess they are too busy buying this thing!!! to be reading and talking about it!! LOL
I'm just wondering where it will stop!
Well, thats not a good sign. The last post was over a year ago.
IS THERE ANYBODY OUT THERE?
agr
Roanoke Technology Corp. Moves Servers to The Colocation Corporation Facility
ROANOKE RAPIDS, N.C., Feb 20, 2002 /PRNewswire-FirstCall via COMTEX/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE) announces that it has contracted with The Colocation Corporation (Coloco), a Laurel, Maryland-based server co-location firm, to house the RTCHosting server farm.
"We are very excited about this new relationship and how it will help us continue to serve our customers," said Ryan A. Brown, Chief Technology Officer for Roanoke Technology Corp. "After a seamless move of our core servers last weekend, we have been up and running in Laurel in Coloco's facility. With redundant Internet connections, power, air conditioning, and a location much closer to the Internet backbone than our North Carolina facility, our customers should see increased speed and decreased access time and latency when utilizing the RTCHosting and RFQHosting systems."
Jack Webb, RNKE's Executive Vice President added, "We are estimating savings in excess of sixty thousand dollars a year as a result of this move. Needless to say, we are pleased anytime that we can increase our service level offering and decrease our costs."
RTC's subsidiaries, RTCHosting (http://www.rtchosting.com), and RFQHosting (http://www.rfqhosting.com) are both Application Service Providers (ASP) that facilitate B-to-B and B-to-C interaction for their clients over the Internet. Coloco (http://www.coloco.com), an Internet and Telephony co-location facility providing carrier-neutral space has been providing Internet co-location services in Laurel, Maryland since 1997. Coloco provides a competitive East Coast presence for clients of any size.
Roanoke Technology Corp. (OTC Bulletin Board: RNKE) operates 3 core businesses. Top-10 Promotions, Inc. (http://www.top-10.com) is a website promotion business that obtains search engine placements for clients' web sites. RFQHosting (http://www.rfqhosting.com) provides small to medium businesses with access to an online procurement system that allows buyers to place their suppliers in a competitive bidding system. RTCHosting (http://www.rtchosting.com) allows anyone to build an online presence without any technical knowledge or training. Please visit our web sites, or contact Ed Foster, Information Officer for Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at efoster@top-10.com.
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster, Information Officer for Roanoke Technology Corp., 252-537-9222, ext. 224, or efoster@top-10.com
Roanoke Technology Corp. Announces January 2002 Sales Up 20.6% Over January 2001 Sales
ROANOKE RAPIDS, N.C., Feb 12, 2002 /PRNewswire-FirstCall via COMTEX/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE)(RNKE) announced today that its sales increased in January 2002 20.6% over the same month last year. "Once again we are pleased to see our same month sales increase over the prior year," commented David Smith, President and CEO. "Over the past several months we have put a lot of effort into increasing our revenues. We've reduced costs, moved non-revenue employees into revenue-producing positions and eliminated some redundant management positions. The work is paying off, and we expect to see even greater improvements in the months to come. We will continue to focus on two basic principles: reducing expenses and increasing sales."
Jack Webb, Executive Vice President, said, "As we anticipated, our sales trend is continuing to improve. Using WebEx, an on-line interactive meeting and collaboration service, continues to give us the ability to give our customers demonstrations of our products and services in a way we have never been able to do before. Efforts in training our newly hired sales employees have also paid off, giving them an opportunity to contribute to meeting our revenue goals much quicker than they have done in the past. RNKE is practicing the new definition of B2B, back to basics. We will continue to increase our sales, and we will look at every opportunity to reduce our cost to serve without sacrificing our service levels."
Roanoke Technology Corp. (OTC Bulletin Board: RNKE) operates 3 core businesses. Top-10 Promotions, Inc. (http://www.top-10.com) is a website promotion business that obtains search engine placements for clients' web sites. RFQHosting (http://www.rfqhosting.com) provides small to medium businesses with access to an online procurement system that allows buyers to place their suppliers in a competitive bidding system. RTCHosting (http://www.rtchosting.com) allows anyone to build an online presence without any technical knowledge or training.
Please visit our web sites, or contact Ed Foster, Information Officer for Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at efoster@top-10.com.
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster, Information Officer, Roanoke Technology Corp., +1-252-537-9222, ext. 224, or efoster@top-10.com
Roanoke Technology Corp. Announces December 2001 Sales Up 15.3% Over December 2000 Sales
ROANOKE RAPIDS, N.C., Jan. 16 /PRNewswire-FirstCall/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE) announced today that its sales increased 15.3% in December 2001 over the same month last year. "We are very pleased to see this trend continue," commented David Smith, president and CEO. "Over the past several months we have focused on increasing our revenues. We've reduced costs, moved non-revenue employees into revenue-producing positions and eliminated some redundant management positions. The work is paying off and we expect to see even greater improvements in the months to come."
Jack Webb, executive vice president, said, "Using new technology like WebEx for our sales presentations has made a significant impact on our ability to demonstrate the effectiveness of our products. Also, recent improvements that we have made to our processes have enabled us to produce even better results than we had before in areas such as Web site visibility. Roanoke Technology Corp. is an exciting place to work. Our sales and support staffs are excited about our recent results and they are determined to produce even greater results in the next several months."
Roanoke Technology Corp. operates 3 core businesses. Top-10 Promotions, Inc. (http://www.top-10.com) is a Web site promotion business that obtains search engine placements for clients' Web sites. RFQHosting (http://www.rfqhosting.com) provides small to medium businesses with access to an online procurement system that allows buyers to place their suppliers in a competitive bidding system. RTCHosting (http://www.rtchosting.com) allows anyone to build an online presence without any technical knowledge or training. Using a template driven system, anyone that knows how to surf the web can build a web site.
Please visit our web sites, or contact Ed Foster, Information Officer for Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at efoster@top-10.com.
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster of Roanoke Technology Corp., +1-252-537-9222, ext. 224, or efoster@top-10.com
Roanoke Technology Announces Integration of RFQHosting and SE Data's Accounting Package
ROANOKE RAPIDS, N.C., Jan 9, 2002 /PRNewswire via COMTEX/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE) announced today that its partially owned subsidiary, Roanoke OnLine, has completed six months of development and testing with South Eastern Data Corporation (http://www.sedata.com) to provide a seamless integration between RFQHosting and SE Data's accounting package, used by over 300 rural electrical cooperatives.
"Using the strongest encryption available, we have designed a protocol that ties the SE Data's accounting package to the RFQHosting system," said Ryan Brown, Chief Technology Officer for RTC. "Item descriptions, vendor information, and purchase orders are invisibly passed between the two systems, making RFQHosting a powerful, integrated tool to drive down costs of procuring equipment and services."
Roanoke OnLine is a subsidiary of Roanoke Technology Corp. and RERI, the for-profit subsidiary of Roanoke Electric Cooperative.
Southeastern Data Cooperative, Inc. is a developer of software systems for Rural Electric Cooperatives and Electric Distribution Utilities that integrate Consumer Accounting, General Accounting and Engineering Requirements. They currently have an installed base of 300 cooperatives nationwide with plans for the implementation of eight to ten new customers this year.
Roanoke Technology Corp. (OTC Bulletin Board: RNKE) operates 3 core businesses. The first is Top-10 Promotions, Inc (http://www.top-10.com). Top- 10 is a website promotion business that obtains search engine placements for clients' web sites. The second business is RFQHosting (http://www.rfqhosting.com). The third business is RTCHosting (http://www.rtchosting.com), which allows anyone to build an online presence without any technical knowledge or training. Please visit our web sites, or contact Ed Foster, Information Officer for Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at efoster@top-10.com
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster of Roanoke Technology Corp., +1-252-537-9222, ext. 224, or efoster@top-10.com
Roanoke Technology Corp. Integrates WebEx Into Its Sales and Support Strategy
ROANOKE RAPIDS, N.C., Jan 3, 2002 /PRNewswire via COMTEX/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE) recently entered into a licensing agreement with WebEx (Nasdaq: WebEx, quote, news, chart), a leader in on-line meeting and collaboration services to use their software to conduct sales demonstrations and product support. "We are very excited about WebEx," commented Jack Webb, RNKE's Executive Vice President. "We are a technology company. We sell business Internet solutions and help our customers' web sites gain visibility in the major search engines used by potential consumers. Now we are using state-of-the-art technology to sell technology (http://rtc.webex.com ). Preliminary results have been encouraging and our customers have been extremely impressed with our new ability to effectively demonstrate our products and services," Webb elaborated.
David Smith, RNKE's President and CEO added, "It is a pleasure to use this new tool. We are proud of the products and services that we offer to our customers and selecting WebEx allows us to continue to add value to our customers by providing them state-of-the-art presentations and superior product support. WebEx's leadership position and professionalism fits in very nicely with our corporate culture. Our closing rate has increased by forty percent since we started using WebEx. The results are outstanding."
Roanoke Technology Corp. (OTC Bulletin Board: RNKE) operates 3 core businesses. Top-10 Promotions, Inc. (http://www.top-10.com) is a website promotion business that obtains search engine placements for clients' web sites. RFQHosting (http://www.rfqhosting.com) provides small to medium businesses with access to an online procurement system that allows buyers to place their suppliers in a competitive bidding system. RTCHosting (http://www.rtchosting.com) allows anyone to build an online presence without knowing how. Using a template-driven system, anyone that knows how to surf the web can build a web site.
Please visit our web sites, or contact Ed Foster, Information Officer for Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at efoster@top-10.com.
WebEx (Nasdaq: WEBX, quote, news, chart) (www.webex.com) provides Web-based interactive communications services to corporations worldwide. Departments across the enterprise use WebEx conferencing to reduce travel costs, increase sales and improve productivity. WebEx supports the entire range of data, voice and video communications to provide an online environment that simulates the full spontaneity and productivity of face-to-face meetings. All of WebEx's services are built on the WebEx interactive platform and are supported by WebEx's global communication network, a switch-based network that runs parallel to the public network to ensure scalability, reliability, security, and performance. http://rtc.webex.com
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster, Information Officer for Roanoke Technology Corp., +1-252-537-9222, ext. 224, or e-mail, efoster@top-10.com
written by a Canadian author.
America: The Good Neighbor
Widespread but only partial news coverage was given recently to a remarkable
editorial broadcast from Toronto by Gordon Sinclair, a Canadian television
commentator. What follows is the full text of his trenchant remarks as
printed in the Congressional Record:
"This Canadian thinks it is time to speak up for the Americans as the most
generous and possibly the least appreciated people on all the earth.
Germany, Japan and, to a lesser extent, Britain and Italy were lifted out of
the debris of war by the Americans who poured in billions of dollars and
forgave other billions in debts. None of these countries is today paying even
the interest on its remaining debts to the United States.
When France was in danger of collapsing in 1956, it was the Americans who
propped it up, and their reward was to be insulted and swindled on the streets of
Paris. I was there. I saw it. When earthquakes hit distant cities, it is the
United States that hurries in to help. This spring, 59 American communities were
flattened by tornadoes. Nobody helped. The Marshall Plan and the Truman
Policy pumped billions of dollars into discouraged countries. Now newspapers
in those countries are writing about the decadent, warmongering Americans.
I'd like to see just one of those countries that is gloating over the erosion
of the United States dollar build its own airplane. Does any other country in
the world have a plane to equal the Boeing Jumbo Jet, the Lockheed Tri-Star,
or the Douglas DC10? If so, why don't they fly them? Why do all the
International lines except Russia fly American planes?
Why does no other land on earth even consider putting a man or woman on the moon?
You talk about Japanese technocracy, and you get radios. You talk about German technocracy,
and you get automobiles. You talk about American technocracy, and you find
men on the moon - not once, but several times - and safely home again.
You talk about scandals, and the Americans put theirs right in the store window
for everybody to look at. Even their draft-dodgers are not pursued and
hounded. They are here on our streets, and most of them, unless they are
breaking Canadian laws, are getting American dollars from ma and pa at home
to spend here. When the railways of France, Germany and India were breaking
down through age, it was the Americans who rebuilt them. When the
Pennsylvania Railroad and the New York Central went broke, nobody loaned them
an old caboose. Both are still broke.
I can name you 5000 times when the Americans raced to the help of other people in trouble.
Can you name me even one time when someone else raced to the Americans in trouble?
I don't think there was outside help even during the San Francisco earthquake.
Our neighbors have faced it alone, and I'm one Canadian who is damned tired of
hearing them get kicked around. They will come out of this thing with their
flag high. And when they do, they are entitled to thumb their nose at the
lands that are gloating over their present troubles. I hope Canada is not one
of those."
Stand proud, America!
Thanks - no extra charge....
John
"..Have you hugged your Grandkiddies today.."??
.
hello, jmhollen.
just poking around ihub and noticed this new board for this stock. i think you're posting great info on this stock, and though revenue isn't predicted till 2002, i think jumps in price are about to get this one noticed.
i do a lot of in&outs with otc stocks, and i just stumbled across this one a week ago. rnke has great potential. keep up the good work!!
Copied from RB:
By: olico $$$$
Reply To: None Saturday, 8 Sep 2001 at 2:03 PM EDT
Post # of 366
Think I found the problem, let me try to post the whole thing. Some foreign symbols were popping up on my cut/paste. Lets see if this works:
From my email:
1) Are there going to be more S-8 filings in the near future?
Answer: I have no plans for s-8 filings. I do however, have plans to reward key employees with stock that is restricted for 2 or more years.
2) As of June 19, 2001, the Company had 9,798,112 shares of Common Stock outstanding. What is the current O/S and estimated float?
Answer: I’m away from the office so can only estimate the #’s. 15.9 is the approximate issued with about 5.2 in the “public” float. The rest are controlled by me personally or someone close to the company.
3) What is the current cash on hand situation? Does the company require additional funding in the near future to continue operation?
Answer: Cash is, always has been, and probably will be for the next few months, tight . Since our inception we have only raised a little more than 200k . Everything we’ve done has been out of revenues.
4) Q1: NET INCOME (LOSS) was $(166,198) Q2: NET INCOME (LOSS) was $(898,479) including a con-cash stock compensation of $850,811 I assume the stock compensation is a onetime expense and if so, can shareholders expect positive cash flow in Q3 & Q4?
Answer: I must qualfy the following statement by saying it is wrong. Any #’s or predictions about #;s will always be wrong. When #’s hit the wall, they will be either higher or lower than the predictions. That said…here goes. A year ago our company was producing almost 2million in revenues, was housed in a 3000 square foot office, had 9 employees, and had 1 product (top-10). The choices were simple, grow or become stagnant. I chose to grow. We’ve spent almost every cent on more space, more people, more equipment, and more products. Although revenues have not grown (new products have just completed development and have not had time to make an impact) we are now in a 16,800 square foot space, have35 employees, and a war chest full of products. The most impressive product to date is RTCWebsite. The back end of the product allows us to address any vertical market we choose. I’d like to demo this for a few of you sometime next week. In short, the last year has been one of growth and preparing for the future. I do not anticipate positive cash flow until Q2 2002.
5) Does the company plan any further significant expenditure (cash flow affective) within the next 12 month? (Equipment, R&D, compensation, etc.)
Answer: Most of that is out of the way. The vast majority of our R&D, equipment purchase and infrastructure development has already been done. All we have to do now is execute.
6) The company operates 3-core business. What is the individual revenue stream percentage of each business itself? Top 10 = xx% of total revenue etc.
Answer: top-10 produces 99.9% of our revenue. Our other products are brand new and just off the drawing board.
7) How many employees total and how many in salesman?
Answer: 35total, 17 sales people, 5 programmers, 2 graphics people, 5 support people, 4 people for the RTCWebsite project and 1 brand new VP of Business Development. His name is Jack Webb. He brings lots of experience and very many relationships. I’m sure we’ll talk next week sometime….make sure Jack is in the conversation somewhere.
8) On April 12, 2001 the president of the Company received 5,200,000 shares. Are these restricted or unrestricted?
Answer: All are restricted.
9) Since June the traded volume has increased significantly. Any comments why?
Answer: Several reasons, a small part is because of increased awareness from the radio interviews and news paper articles. I believe the largest part is the realization of how powerful our new products are and the potential to make a national impact in several spaces.
10) On 08/08/01 the company hired two business consultants (S-8). Long term, is the company seeking to be acquired, or are your plans to remain a self operating entity?
Answer: I’m here for the duration. I started the business in a spare bedroom. The business was started here in the town my kids grew up in. Roanoke Rapids, NC is a very small place (16,000 population) and I feel a responsibility to the community. Also, an 11.6% unemployment rate and office space for approximately 23 cents a square foot per month makes it a nice place to run a business.I anticipate being here til retirement.
11) On 07/06/01 the company singed a contract with a promotion company (CG). Did the CEO give any of the 30 interviews already and when can we expect to see the further interviews / streaming media websites? What is the time-frame for the media campaign?
Answer: All interviews are complete. I do not anticipate doing anymore. I believe they are available at http://windowstowallstreet.com/index.php If they are not still on the website I’m sure Ms. Givens will make them available by request.
Well, that is all so far. I will submit any further questions you may have, or my astute friend Buzz may do the same. I feel a CEO with such a candid response to questions is rare in the OTC market, and many of you 'veterans' here know what I mean.
Best,
olico
.
"..Have you hugged your Grandkiddies today.."??
.
Roanoke Technology Corp. Releases Revenue Projections
ROANOKE RAPIDS, N.C., Aug 21, 2001 /PRNewswire via COMTEX/ -- Roanoke
Technology Corp. (OTC Bulletin Board: RNKE) released revenue projections today
for the next three calendar years.
"We have a great line up of products. With our ability to address any vertical
market via our RTCWebSite (http://www.rtcwebsite.com) product we are ready to
move to the next level and address a national market," said David L. Smith,
President & CEO of RTC. "We have spent the last 14 months developing
infrastructure, staff, and products to prepare us for the national market.
"Our projections for calendar year 2002 are $5.6 million in revenues. For 2003
we estimate $10 million in revenues and then $15 million in calendar year 2004.
We believe these projections to be our best estimate, using conservative
figures, but taking into account the strong acceptance for our new products in
our test markets."
Roanoke Technology Corp. operates three core businesses. The first is Top-10
Promotions, Inc. (http://www.top-10.com), a website promotion business that
obtains search engine placements for clients' web sites. The second business is
RFQHosting (http://www.rfqhosting.com), which provides small to medium-sized
businesses with access to a private, customized online procurement system,
putting their suppliers in a competitive bidding environment. The third business
is RTCWebSite (http://www.rtcwebsite.com), which allows anyone to build an
online presence without any technical knowledge or training. RTCWebSite utilizes
a template driven system that allows anyone with a web browser to build their
own customized web presence in minutes.
For more information, please visit our web sites, or contact Ed Foster,
Information Officer for RTC by phone at +1-252-537-9222 x224, or by e-mail at
efoster@top-10.com.
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster, Information Officer of Roanoke Technology Corp.
+1-252-537-9222, ext. 224, or e-mail, efoster@top-10.com
URL: http://www.rtcwebsite.com
http://www.top-10.com
http://www.rfqhosting.com
http://www.RoanokeTechnology.com
.
"..Have you hugged your Grandkiddies today.."??
.
Roanoke Technology Corp. Announces New Media Initiative
ROANOKE RAPIDS, N.C., Aug 20, 2001 /PRNewswire via COMTEX/ -- Roanoke
Technology Corp. (OTC Bulletin Board: RNKE) announced today, it has entered into
a contract with News USA to provide media coverage for RTC's new line of
Internet presence systems.
"Our agreement calls for News USA to provide 3.2 million dollars in media
coverage in exchange for stock," said David Smith, President and CEO of RTC.
"Our product line is capable of making a national impact and that requires
getting our information to as many people as possible. Our new system has been
very well received by the people who we have marketed it to in our pre- release
phase, particularly our Real Estate Product."
The Real Estate Module, working in conjunction with our turnkey RTCWebSite
solution is specifically designed for Real Estate Agents and Firms. It gives
them the power to:
* Build their own web site using a template and fill-in-the-blank system.
* List all of their current properties within minutes from any location.
Many agents have commented that this is the most powerful tool they have
ever had at their disposal, allowing them to upload a listing for the
client from the client's home on their first visit.
* Make changes to your web site or a property listing from anywhere,
anytime, without the help of a third party Webmaster.
* Establish web based e-mail accounts and contact forms for as many
agents as desired.
* Track the status of each property and dispatch leads to their team of
realtors.
* List as many properties with as many pictures as they desire
* Promote their own online brand by listing properties on their own.
unique web site instead of sending traffic to a third party home listing
site.
* Control the promotional efforts of their web site.
* Control 100% of the content within their web site.
For more information on our turnkey Real Estate solution, please visit RTCHomes
(http://www.rtchomes.com).
Roanoke Technology Corp. operates 3 core businesses. The first is Top-10
Promotions, Inc. (http://www.top-10.com), a website promotion business that
obtains search engine placements for clients' web sites. The second business is
RFQHosting (http://www.rfqhosting.com), which provides small to medium- sized
businesses with access to a private, customized online procurement system. This
system allows users to place their suppliers in a competitive bidding system.
The third business is RTCWebSite (http://www.rtcwebsite.com), which allows
anyone to build an online presence without any technical knowledge or training.
RTCWebSite utilizes a template driven system that allows anyone with a web
browser to build their own customized web presence in minutes.
Roanoke Technology Corp., headquartered in Roanoke Rapids, North Carolina, owns
a number of Internet software and software companies that provide business to
business services over the Internet.
For more information on Roanoke Technology Corp.
(http://www.roanoketechnology.com), RTCWebSite, RFQHosting, or Top-10
Promotions, Inc., please visit our web sites, or contact Ed Foster, Information
Officer for Roanoke Technology Corp. by phone at +1-252-537-9222 x224, or by
e-mail at efoster@top-10.com.
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster, Information Officer for Roanoke Technology Corp.,
+1-252-537-9222, ext. 224, or e-mail, efoster@top-10.com
URL: http://www.rtchomes.com
http://www.top-10.com
http://www.rfqhosting.com
http://www.rtcwebsite.com
http://www.RoanokeTechnology.com
.
"..Have you hugged your Grandkiddies today.."??
.
Roanoke Technology Corp. to Start RFQHosting Pilot Program with County Governments
ROANOKE RAPIDS, N.C., Aug 7, 2001 /PRNewswire via COMTEX/ -- Roanoke Technology
Corp. (OTC Bulletin Board: RNKE) "announces that its partially owned subsidiary
Roanoke On-Line LLC has received letters of intent from Bertie and Hertford
Counties in North Carolina stating their willingness to use RFQHosting as their
on-line procurement solution," said David Smith, CEO and President of RTC. He
went on to say, "We have verbal commitments from several very large county
governments in other parts of the country, as well as from one state government
official to start pilot programs in their respective areas. Those details will
be announced in the near future."
"There are 3 thousand counties in the U.S. This market represents very
significant revenue opportunities for this subsidiary," stated David Smith.
Roanoke Technology Corp. (OTC Bulletin Board: RNKE) operates 3 core businesses.
The first is Top-10 Promotions, Inc (http://www.top-10.com). Top-10 is a website
promotion business that obtains search engine placements for clients' web sites.
The second business is RFQHosting (http://www.rfqhosting.com ). RFQ provides
small to medium businesses with access to an online procurement system. This
system allows users to place their suppliers in a competitive bidding system.
The third business is RTCWebsite (http://www.rtcwebsite.com). RTCWebsite allows
anyone to build an online presence without knowing how. Through a template
driven system anyone that knows how to surf the web can build a web site.
Please visit our web sites, or contact Ed Foster, Information Officer for
Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at
efoster@top-10.com.
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster, Information Officer of Roanoke Technology Corp.,
+1-252-537-9222, ext. 224, or e-mail, efoster@top-10.com
URL: http://www.top-10.com
http://www.rfqhosting.com
http://www.rtcwebsite.com
http://www.RoanokeTechnology.com
.
"..Have you hugged your Grandkiddies today.."??
.
Roanoke Technology Corp. Completes School Web Site
ROANOKE RAPIDS, N.C., Aug 6, 2001 /PRNewswire via COMTEX/ -- Roanoke Technology
Corp. (OTC Bulletin Board: RNKE) announces that RTCWebsite has completed their
customized school project. "The system has come off the drawing board just last
week. It will now be beta tested for the next several weeks," said David Smith,
CEO and President of RTC. He went on to say, "A sample of the school project may
be viewed at: http://rtcwebsite.com/schools."
The new product is a module, specifically designed for schools and allows them
to do the following regardless of their skill level:
- Register their own domain and create a website for it within minutes
- Create email accounts for each and every student, faculty member, administrator, and parent in the system
- The ability for all users to create their own web page
- The ability to build and change information on your web site within
minutes
"In a recent survey, 74% of teachers in public schools reported feeling 'not
prepared' to use or teach technology in the classroom. This product will
eliminate that, as it is very easy to use. It is supported by RTCWebsite's
back-end and ease of use support. The most important aspect is that it not only
allows but also encourages communication between faculty, students as well as
parents. The product is a complete solution that grows to fit the needs of any
school," said David Smith.
Roanoke Technology Corp. (OTC Bulletin Board: RNKE) operates 3 core businesses.
The first is Top-10 Promotions, Inc (http://www.top-10.com ). Top-10 is a
website promotion business that obtains search engine placements for clients'
web sites. The second business is RFQHosting (http://www.rfqhosting). RFQ
provides small to medium businesses with access to an online procurement system.
This system allows users to place their suppliers in a competitive bidding
system. The third business is RTCWebsite (http://www.rtcwebsite.com). RTCWebsite
allows anyone to build an online presence without knowing how. It utilizes a
template driven system anyone that knows how to surf the web can build a web
site.
Please visit our web sites, or contact Ed Foster, Information Officer for
Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at
efoster@top-10.com.
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster, Information Officer of Roanoke Technology Corp.,
+1-252-537-9222, ext. 224, or e-mail, efoster@top-10.com
URL: http://www.rfqhosting
http://www.top-10.com
http://www.rtcwebsite.com
http://rtcwebsite.com/schools
http://www.RoanokeTechnology.com
.
"..Have you hugged your Grandkiddies today.."??
.
Roanoke Technology Corp. Signs First Customers for RTCHomes.com
ROANOKE RAPIDS, N.C., Jul 30, 2001 /PRNewswire via COMTEX/ -- Roanoke
Technology Corp. (OTC Bulletin Board: RNKE) announces that it has signed their
first customers for their new web presence system. "The system has been in beta
for the last 30 days and passed with flying colors," said David Smith, CEO and
President of RTC. He went on to say, "It is very gratifying to have prospects
realize the value of the system and sign up that quickly."
The new product is a module, specifically designed for real estate agents, that
allows the agents to handle their own website regardless of their skill level.
Some key features are listed below:
-- Register their own domain and create a website for it within minutes
-- Create email accounts for each and every agent in the system
-- Create email forms not just links
-- The ability for all agents to list properties from any internet access
location 24 / 7
-- The ability to build and change information on your web site within
minutes
-- The calendar feature allows you to post open house and other events on
your site
-- Ability to develop lists of clients and prospects for emailing
newsletters etc]/b]
The most important aspect is that it will allow small to medium sized real
estate firms to build their own internet identity and to promote brand loyalty
and awareness for themselves. "The product is a complete solution that grows to
fit the needs of any business but this module will break the chains of bondage
that real estate agents now have to web masters," said David Smith, CEO /
President. "We have over 71,000 Real Estate businesses in our database. A
penetration of that segment at only 10% represents yearly revenues of
$9,137,700."
Roanoke Technology Corp. (OTC Bulletin Board: RNKE) operates 3 core businesses.
The first is Top-10 Promotions, Inc. (http://www.top-10.com). Top-10 is a
website promotion business that obtains search engine placements for clients'
web sites. The second business is RFQHosting (http://www.rfqhosting.com). RFQ
provides small to medium businesses with access to an online procurement system.
This system allows users to place their suppliers in a competitive bidding
system. The third business is RTCWebsite (http://www.rtcwebsite.com). RTCWebsite
allows anyone to build an online presence without knowing how. Thru a template
driven system anyone that knows how to surf the web can build a web site.
Please visit our web sites, or contact Ed Foster, Information Officer for
Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at
efoster@top-10.com.
SOURCE Roanoke Technology Corp.
CONTACT: Ed Foster, Information Officer of Roanoke Technology Corp.,
+1-252-537-9222, ext. 224, or e-mail, efoster@top-10.com
URL: http://www.top-10.com
http://www.rfqhosting.com
http://www.rtcwebsite.com
http://www.rtchomes.com
.
"..Have you hugged your Grandkiddies today.."??
.
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